PayTraQer - Payout Settings
To access the payout settings, click the settings icon located on the top right corner of the PayTraQer Screen.
Configuration for Payout Settings is common across all the payment channels. For illustration purposes, Stripe settings are shown here. However, the same configurations will be available for Paypal & Square.
Payouts (deposit or balance) from the Payment Systems & eCommerce Platforms ( PayPal, Stripe & Square) are synced accurately with PayTraQer into Xero. PayTraQer records these transactions as TRANSFER Transactions in Xero.
1. Enable Payout Process
TURN ON this feature to sync the payout information from Payment Systems. If you want to manually create a transfer or deposit, you can turn OFF this feature.
2. Transfer Account
Select the checking/current account where the payout money has been posted by Payment Systems & eCommerce Platforms. This account will be used for reconciliation.